Jeffrey R.
Analyzing a House Hack in the Boston Area
Hi fellow BP-ers,I’ve been lurking on BP for a while, trying to learn as much as I can in the process, and I’m planning on making a purchase in the next 3-6 months. My goal is to find a 2-3 family in the metro Boston ...
Jeff Macdonald
Financing mobile homes as an investment
Hey folks!In my home area, there is sizable number of affordable mobile (manufactured) homes on foundation (post 1977). As an investor, these properties seem out of reach due to the lack of traditional financing. I ha...
KS Hanley
Does Higher Market Price Actually Equal/Yield Higher Rents?
Hi,Housing prices have inflated over the last year and a half significantly.For example in a market where in mid 2020 a two-family was priced at 160K, it is now priced at 260K.My consistent question is does this price...
Nik L.
Moving out of California. What are other good options?
I just sold a highly depreciated duplex in the SF Bay Area and looking to invest elsewhere for a variety of reasons but mainly rent control and some other taxation reasons. It had good cash flow and appreciation of 5-...
Paul Wolfson
What metrics/calculations do you use to determine if a market is oversaturated?
I'm a numbers person and want my decisions to be guided by data over anecdotes.With that said, how do you calculate if a market is oversaturated? I've seen one interesting approach recently where you can use AirDNA to...
Cassidy Burns
Deciding whether to separately meter water in a Multifamily
Hi All,I wanted to get a feed started regarding opinions on the pros and cons of taking a multifamily building, in my case 4 units, that is currently on one water line and separating each individual unit. The current...
Tal B.
IRR v. Cap Rate
Hi all, I was wondering if someone can explain in clear and simple language how is a Cap Rate different from IRR. I understand Cap Rate (NOI/Asset) and kinda understand IRR. Correct me if I'm wrong: It is when the ...
Wendy Andrade
ISO REI friendly Mortgage Lenders & Agents in Aurora, IL
Good morning fellow investors, I'd like to introduce myself as an ambitious, mature, and self driven individual! I received my Doctorate in Pharmacy at age 24 (so you are probably wondering what I am doing on here, ri...
Brian P Hamwey
Should I manage a friends rental?
I'm a realtor in FL and a friend of mine is going to move and rent out her current home. As an aspiring investor, would it make sense for me to become her property manager and essentially get paid to learn that aspect...
Ally Z.
Refinancing with a bank to pay back a short-term private lender?
I am just starting out exploring options for private lending for Brrrr deals. I seem to have maxed out what I can easily borrow from banks with my current 5 units. I have good income, credit and equity, but I simply h...